Under construction. If you have questions, please email us and we will not only answer your question, but add an explaination to this site.

On 3rd October 2008 the $2000 cap on federal tax credits for residential solar power was removed. It was attached to the $700,000,000,000 bailout and is now law. This means that Uncle Sam will now make a much bigger contribution towards your system. In our opinion it is now likely that LIPA will reduce the rebates. So ACT FAST and get the higher rebates AND the higher tax credit! This takes account of these changes but not financing costs.

Install type
LIPA rebate Currently $3.50/w (residential)
System size
Price per watt
President signed into law RE ITC extension.

Cost after rebate
NY State tax credit
Federal tax credit
Income tax (assumed 28%) on NY State tax credit
Cost out of your pocket
Orientation description
Simple payback, this is approximate
(assumes $0.20 per KWh inc. taxes)